Greenshoe

RenongÆs key shareholder Halim Saad has announced that he might take Renong private -but he has no ready cash.

Greenshoe remembers interviewing Daim Zainuddin in the spring of 1998. At this stage the all-powerful Malaysian finance minister was orchestrating events from behind the scenes as head of the National Economic Action Council.

nov issue malaysiaIn his bare office, wearing a simple shirt and leaning on his desk, it was hard to believe you were talking to the man who is Malaysia Inc.

However, his cool and measured responses broke down when Greenshoe asked him whether Kuala Lumpurs monorail project was doomed to fail You are here to criticize everything. Theres nothing right in this country.

Last month Daim announced that the government would bail out the monorail project. It will cost M$5 billion...

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